Predictions for the Bitnance (BTN) token presale have been released. Now being sold for $0.35 in its official ICO [initial coin offering], the crypto exchange listing day price is set to be $0.465. A +30% short term gain, the healthy amount is miniscule compared to a long-term prediction just released via a simple analysis, causing discussion on reddit.
The report predicts the soon-to-launch bep20 token could surge to $46.36 in value long-term. This projection is based on a comparison to the current averages of value ‘per transaction address’ holding Bitcoin (BTC).
Just under $50, the stellar amount would be slightly over a 12,885% increase in value.
Based on this forecast, a $100 investment would return traders $12,885.15.
Likewise, a $1000 investment would return $128,851.54 to today’s presale buyers.
Crypto millionaires will be generated by anyone that invests over $7760.87. This amount will return $1,007,760.93 to investors, with a massive take home profit of $1,000,000.06.
These amounts are quite exciting though still not quite the massive amounts generated by tokens like Bitcoin (BTC), Shiba Inu (SHIB), and Dogecoin (DOGE) in the past. These behemoths of the crypto world generated ROI percentages in the millions in their first major bull run cycles.
With the current stage of cryptocurrency, Bitnance’s first bull run cycle could come shortly after it lists on exchanges. It appears to many the crypto world is on the cusp of a major parabolic uptrend, before elections.
Secondly, the digital currency world is much more established and on the brink of being used by major economies across the world The UAE just completed a first traction on the XRP Ledger, which looks to replace SWIFT, which is used by banking systems globally;
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